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8 Oct 21
The USA has moved closer to avoiding a looming default after the country’s Senate voted for a temporary increase in the debt limit.
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5 Oct 21
A failure to increase or suspend the US debt limit could lead to negative credit rating actions, according to ratings agency Fitch.
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29 Sep 21
The US could default on its borrowing for the first time in its history as soon as next month, unless its statutory debt limit is lifted, according to Treasury secretary Janet Yellen.
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13 Sep 21
US Democrats are looking to raise the country’s corporation tax rate to 26.5% to fund president Joe Biden’s spending plans.
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9 Sep 21
US treasury secretary Janet Yellen has warned Congress the government could run out of cash in the next few weeks, urging lawmakers to raise the debt ceiling so she can borrow again.
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8 Sep 21
Farm and meat-packing workers in the US will receive grants of up to $600 in recognition of costs many bore during the pandemic.
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2 Sep 21
The US government lost more than $90bn of its emergency pandemic aid to fraud and error, a watchdog’s report has found.
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31 Aug 21
The US Congress should introduce explicit financial stability objectives for government agencies to help avoid a new financial crisis, according to a former senior Federal Reserve official.
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26 Aug 21
Canadian prime minister Justin Trudeau has promised to tax financial services companies to help fund his housing programme if his government is re-elected next month.
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24 Aug 21
The US government’s $1trn infrastructure fund is expected to provide a net $700bn boost to its economy, according to ratings agency Standard and Poor’s.
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12 Aug 21
The US Federal Reserve could explore reducing asset purchases later this year, as the nation emerges from Covid-19, according to one of the central bank’s chiefs.
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10 Aug 21
The budget unveiled by Democrats in the US Senate contains $3.5trn of spending but fails to address the controversial issue of the government’s debt limit.
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3 Aug 21
Treasury secretary Janet Yellen has begun steps to prevent the US federal government borrowing above its legal limit, which came back into force on Sunday after a two-year suspension.
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2 Aug 21
Senate negotiators have unveiled a $1trn plan to invest in infrastructure in the US, after weeks of talks between the two main political parties.
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29 Jul 21
US president Joe Biden has said he will strengthen the rules governing the federal government’s $600bn of procurement spending each year in a bid to boost domestic manufacturing.
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29 Jul 21
US troops are leaving Afghanistan with poor growth prospects amid increasing violence and the devastating impact of Covid-19, a watchdog has said.
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26 Jul 21
Treasury Secretary Janet Yellen has confirmed that debt limits will be reimposed on US local government next month, to prevent a historic default on repayments following Covid-19.
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21 Jul 21
The expected $200m-plus revenue from Seattle City Council’s new tax on high earners at larger companies will be used to pay for housing, environmental and other development priorities.
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14 Jul 21
US treasury secretary Janet Yellen has said she will use extraordinary measures to manage the Treasury’s cash if Congress does not raise the debt limit by the end of July.
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5 Jul 21
Joe Biden’s social and infrastructure spending has been tipped to still have a noticeable impact on GDP in a decade’s time because he is targeting long-term benefits to the economy.
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25 Jun 21
A bipartisan group of US politicians have reached an agreement on an infrastructure bill initially valued at $953bn, including the creation of a new Infrastructure Financing Authority.
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18 Jun 21
A US watchdog has identified what it says were 3,400 conflicts of interest during the tenure of former president Donald Trump
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18 Jun 21
High US inflation rates related to the Covid-19 bounceback are set to be transitory, but interest rates rises might be needed by 2023 to deal with longer-term inflationary pressures, according to the...
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15 Jun 21
A successful vaccination programme means that the US’ economic recovery from Covid-19 will not depend on herd immunity, according to ratings agency Standard and Poor’s.
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4 Jun 21
The US Federal Reserve is preparing to sell off corporate assets purchased last year, to help keep companies solvent through the Covid-19 pandemic.
8 Oct 21The USA has moved closer to avoiding a looming default after the country’s Senate voted for a temporary increase in the debt limit.
5 Oct 21A failure to increase or suspend the US debt limit could lead to negative credit rating actions, according to ratings agency Fitch.
29 Sep 21The US could default on its borrowing for the first time in its history as soon as next month, unless its statutory debt limit is lifted, according to Treasury secretary Janet Yellen.
13 Sep 21US Democrats are looking to raise the country’s corporation tax rate to 26.5% to fund president Joe Biden’s spending plans.
8 Sep 21Farm and meat-packing workers in the US will receive grants of up to $600 in recognition of costs many bore during the pandemic.
2 Sep 21The US government lost more than $90bn of its emergency pandemic aid to fraud and error, a watchdog’s report has found.
31 Aug 21The US Congress should introduce explicit financial stability objectives for government agencies to help avoid a new financial crisis, according to a former senior Federal Reserve official.
26 Aug 21Canadian prime minister Justin Trudeau has promised to tax financial services companies to help fund his housing programme if his government is re-elected next month.
24 Aug 21The US government’s $1trn infrastructure fund is expected to provide a net $700bn boost to its economy, according to ratings agency Standard and Poor’s.
29 Jul 21US president Joe Biden has said he will strengthen the rules governing the federal government’s $600bn of procurement spending each year in a bid to boost domestic manufacturing.
29 Jul 21US troops are leaving Afghanistan with poor growth prospects amid increasing violence and the devastating impact of Covid-19, a watchdog has said.
21 Jul 21The expected $200m-plus revenue from Seattle City Council’s new tax on high earners at larger companies will be used to pay for housing, environmental and other development priorities.
25 Jun 21A bipartisan group of US politicians have reached an agreement on an infrastructure bill initially valued at $953bn, including the creation of a new Infrastructure Financing Authority.
18 Jun 21A US watchdog has identified what it says were 3,400 conflicts of interest during the tenure of former president Donald Trump
15 Jun 21A successful vaccination programme means that the US’ economic recovery from Covid-19 will not depend on herd immunity, according to ratings agency Standard and Poor’s.
